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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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470 Peninsula Dr , Honey Grove, TX 75446
$474,900
Est. Payment: $2,444.99/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 315
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Lakefront, 1.38 Acres, Boat Dock Capable, Under $500K. Welcome to Lot 9, also known as 470 Peninsula Drive, a 1.38-acre lakefront property situated in the gated community of The Peninsula on Bois d’Arc Lake. This wooded homesite features mature trees, natural elevation, and expansive lake views, offering a scenic and flexible space to design your custom home. Located in a bring-your-own-builder community, it provides the freedom to create a property tailored to your lifestyle or investment goals. Lakefront and boat dock capable, this lot is well-positioned for buyers seeking access to the lake and the ability to personalize their build. Short-term rentals are permitted, making this a strong candidate for either full-time residence, vacation home, or income-producing property. The Peninsula and The Shores at The Peninsula are the only communities on Bois d’Arc Lake with existing homes, allowing you to tour the neighborhood and experience the growing community firsthand. The development originally sold out in under 30 minutes, an early sign of its strong appeal and long-term value. Homeowners enjoy access to an impressive lineup of current amenities, including a clubhouse with indoor lounge, kitchen, bar, fitness center, observation deck, infinity-edge pool, putt putt course, and outdoor grilling area. Even more lifestyle features are on the way by Summer 2025, residents will benefit from Phase Two amenities including a community marina, paddleboard and kayak launch, tennis and pickleball courts, fenced dog park, multi-purpose field, and playground. Conveniently located just 15–20 minutes from the South 1396 Boat Ramp, 470 Peninsula Drive offers scenic views, community convenience, and design flexibility, all under $500K. *Buyer to verify all information*

Highlights

Listed by Hannah Cupps , C4 Home and Land Team , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
1.38

HOA Fee

2000 Annually

County

Fannin

Neighborhood

The Peninsula

School District

Honey Grove ISD

Listing ID

21077904

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Subdivision,Waterfront,1 to < 3 Acres,Lake Front – Main Body
Zoning:Fannin County Planning and Zoning Department – Bois d’Arc Lake 1203 E. Sam Rayburn Drive Bonham, TX 75418 903-449-4220 dhopkins@fanninco.net
Principal Interest
$2,445
Taxes
$303
HOA
$2,000

Home Price

$474,900

Loan Details

30 yrs
6.674%

Down Payment

20%
$94,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,444.99

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,444.99 $302.75 $2,000.00 $4,747.74
Yearly $29,339.90 $3,632.99 $24,000.00 $56,972.88
Total $880,196.92 $108,989.55 $720,000.00 $1,709,186.47

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Honey Grove, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems